Commercial Lines
Cyber Attacks Reportedly Hitting Coronavirus Vaccine Distribution Infrastructure
Cyber attacks have been waged against COVID-19 vaccine distribution infrastructure, including a cold-chain storage company, U.S. Senator Gary Peters said on Thursday. "IBM recently released a very ...
A Crisis Within a Crisis: How COVID-19 Is Driving the Opioid Epidemic
While the current national health conversation has largely centered on the COVID-19 pandemic, another ongoing and deadly battle has been looming in the background: the opioid crisis. The misuse of ...
Chubb Establishes Digital Team for Continental Europe, UK and Ireland
Chubb's push to broaden its digital product and service offerings has led to the creation of a new team in the space for Continental Europe, the United Kingdom and Ireland. The team will also focus ...
Banks, Global Law Enforcement Battle COVID-19 Crime Wave
Fraud risk analyst Rajendran Raj was used to the odd out-of-hours alert from authorities, but a call one Saturday in March heralded a new era, of tackling criminals seeking to cash in on coronavirus. ...
UK Travel Insurance Startup Raises $12M; U.S. Headquarters Planned
UK startup battleface Inc., a company that specializes in tech-enabled global travel insurance, raised $12 million in new venture capital financing designed to fuel growth, market expansion and ...
A Surge in Insurance Policies for M&A Deals Gone Wrong
A record rebound in merger activity this year and a rise in litigation has brought with it an upsurge in insurance policies that give companies and private equity firms cover for when a deal goes ...
Zurich, Farmers to Pay Nearly $4B for MetLife’s U.S. P/C Biz
Zurich Insurance and Farmers Exchanges have agreed to buy MetLife's U.S. property and casualty business for $3.94 billion, the insurers said on Friday, after the COVID-19 pandemic made motor and home ...
Zurich Private-Public Pandemic Option Gives Carriers Choice In Risk Share
Adding to the mix of ideas for a public-private pandemic risk partnerships between insurers and the federal government, Zurich is proposing a plan that gives insurers a role—and a say in how much ...